Steps to Protecting a Child with Disabilities
10m
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Planning Matters Radio
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The cost of raising a child to the age of 18, now costs about $300,000.00, and that doesn't even include college! For a child with special needs , that cost can more than triple.Withoutproper preparation, your child ’s lifetime needs can quickly outstrip your funds. Peter Richon with Richon Planning recommends to Erin Kennedy that you: -Prepare Your Estate -Coordinate with Government Benefits -Identify a Caregiver -Involve the Family, Seek Professional Guidance You may also consider a special needs trust. Proactive planning means you, your child , and your family will be okay in case the worst happens.And keep in mind, estate planning for a child with disabilities is not a one-time event but an ongoing process. If you'd like to speak with Peter about preparing your estate and your finances, please call (919) 300-5886 or visit www.RichonPlanning.com #SpecialNeedsTrust #WealthManagement #FamilyFinances #Retirement
The episode Steps to Protecting a Child with Disabilities from the podcast Planning Matters Radio has a duration of
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Steps to Protecting a Child with Disabilities
The cost of raising a child to the age of 18, now costs about $300,000.00, and that doesn't even include college! For a child with special needs , that cost can more than triple.Withoutproper preparation, your child ’s lifetime needs can quickly outstrip your funds. Peter Richon with Richon Planning recommends to Erin Kennedy that you: -Prepare Your Estate -Coordinate with Government Benefits -Identify a Caregiver -Involve the Family, Seek Professional Guidance You may also consider a special needs trust. Proactive planning means you, your child , and your family will be okay in case the worst happens.And keep in mind, estate planning for a child with disabilities is not a one-time event but an ongoing process. If you'd like to speak with Peter about preparing your estate and your finances, please call (919) 300-5886 or visit www.RichonPlanning.com #SpecialNeedsTrust #WealthManagement #FamilyFinances #Retirement